Research

A new analysis by CBRE found that companies across the globe are taking a cautious approach to returning to the office.

"The development of a vaccine or a highly effective therapy may be the inflection point that sets the stage for a meaningful recovery, given an aging demographic and likelihood of slower growth in industry supply," the agency said in the report.

"Their responses suggest a sense of optimism, and a hope that—despite the slowdown—things will revert to business as usual," the CommercialCafe blog reported about its survey.

Only 8% of respondents from the commercial real estate industry reported being minimally affected or not at all affected by COVID-19.

Although there has been a drop in widely–marketed multifamily listings for sales, deals are still moving ahead off-market.

Dylan Simon and Jerrid Anderson recently analyzed the recent rent and occupancy trends in the King County multifamily market and discovered it is performing well in relation to other CRE asset classes.

It shouldn't be a surprise. US consumers, many under mandatory stay-at-home orders, bored and online, ramped up their e-commerce activity in April, allowing…

The hardest hit sectors have been hospitality and retail, according to the firm.